[quote=flu][quote=no_such_reality]~US autoworker rant …[/quote]PM’ed you… In short, STFU… :)[/quote]
Thank you for beating me to the punch, flu 🙂
NSR, since you appear to have *experience* with US autoworkers, can you tell us if you were a former MI resident and/or a former autoworker?
And if there are just as many or more *jobs* in Detroit today, can you tell us what kind of jobs those are?
A few more questions here. If you know, do the bulk of jobs in Detroit which replaced autoworker jobs have health benefits, vacation and retirement benefits …. even 401K’s?? Are they full-time and/or do they pay enough to support at least half of a family of four (assuming the other parent is also employed)? Can these *new jobholders* qualify for a $40K to $140K mortgage to buy one of those plentiful cheap houses in Detroit, assuming little to no other debt? Why don’t you tell us which companies moved into Detroit in recent years and what kinds of employment opportunities they offer??
[quote=no_such_reality]I’ve been hampered by being unwilling to buy a condo or townhome. Nor will I buy a SFR with an Association. I’ve had enough of those as a owner and renter to see how badly they go.[/quote]
NSR, since you’re so familiar with Detroit and all those cheap available older SFRs with NO ASSN, why aren’t you buying one or more for investment purposes? Could it be that you don’t think prospective tenants there make enough money to consistently afford the rent? Or does the Detroit area’s 16.9% rental vacancy rate have you on the sidelines?
Detroit was one of the hardest-hit cities in the recession, and with an unemployment rate of 9.9 percent as of May, it’s little wonder that its 16.9 percent rental vacancy rate is the second highest in the country. Surprisingly, though, the homeowner vacancy rate remains below the 75 largest metro area’s average of 2.18 percent. According to the Census Bureau, at the end of 2011, Detroit had a gross vacancy rate of 12.2 percent, a level the city has virtually maintained since 2006.
[quote=birmingplumb]…Meanwhile the Big 3 plant I work at has 10,000 OSHA violations, was built without any permits and despite my letters, grievances and outrage-continues to produce cars all in the name of saving the middle class.
So prosecutor discretion ala Janet Napalitano and the “dream act”is all I can think of…[/quote]
birmingplumb, I know you’re busy trying to find and keep reliable tenants when not actually toiling in the trenches (literally speaking) in your “day job” but if you happen to see this thread, please chime in. Your “expert opinion” is needed here …. and the Piggs are also wondering just how much money the head of your “Big 3” plant made in 2011. Thanks for any help 🙂
